Rayonier Advanced Materials (RYAM) corrects insider tax share entry
Rhea-AI Filing Summary
RAYONIER ADVANCED MATERIALS INC. executive Richard Colby Slaughter reported a tax-related share disposition tied to restricted stock unit vesting. 4,480 shares of common stock were withheld (or sold to cover taxes) at $9.47 per share, leaving 89,595 shares held directly.
The amendment states it corrects the number of shares withheld in the prior report, which contained an administrative error, and confirms no other changes were made.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 4,480 shares
Net Sell
1 txn
Insider
Slaughter Richard Colby
Role
SVP, GC & Corp Sec
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 4,480 | $9.47 | $42K |
Holdings After Transaction:
Common Stock — 89,595 shares (Direct)
Footnotes (1)
- F1. This amendment corrects the number of shares withheld (or sold to cover taxes) in connection with the previously reported RSU vesting. The original filing reflected an administrative error. No other changes have been made.
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FAQ
What insider transaction did RYAM SVP Richard Colby Slaughter report on this Form 4/A?
Richard Colby Slaughter reported a tax-related disposition of company shares. 4,480 shares of RAYONIER ADVANCED MATERIALS INC. common stock were withheld or sold to cover taxes from a previously reported RSU vesting at $9.47 per share.
Why was the RYAM Form 4/A for Richard Colby Slaughter filed as an amendment?
The Form 4/A was filed to correct an administrative error in the prior report. It updates the number of shares withheld or sold to cover taxes for an RSU vesting, and explicitly states that no other changes have been made.